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employment, california and france would have the most vital economies in the world. i've been in a lot of different parts of the country speaking with small business people and you know, my conference of course, drew millions. the exciting one that they couldn't get to get to. (laughter) the lecture how to keep your company below 49 employees and avoid obamacare, and i listened to the guy talk and the number one conclusion, hire less people and everybody else said, you know what? you're right. you can't layer on another layer and another layer and another layer to small business people. i'm not going to talk to the big guys and for the small business guys, look, that's my money, i'll just have two less people and make up the difference in profits, by the people working harder, that's how it works. >> stephan, we did see he a big selloff in wall street voted after the election and then the layoffs from a wide variety of industries. how do you read that? what does that mean for hiring? >> i've just always been suspicious of people who try to read too much into the stock market, it had a
this massive type of payouts you'll see all insurance companies, whether you're in california, montana or new york, you're going to have, you know, going to have rates go up. the second things, used cars, same thing in katrina you have a whole bunch of cars taken off the market because they're not usable and all of a sudden used car prices go up, 10, 20, saw them up 20% reported last week and all the way across, diesel oil. we're going to see it across the state it's not just a northeast issue. >> brenda: gary k, what do you think of that? >> toby is absolutely right. whenever you have shortages with an event like this, especially in highly populated area, lumber, building materials, we can run the gamut here. prices go higher and costs go higher to business and consumers and that will definitively effect an economy. especially still trying to get up. a very tough thing to watch. >> brenda: gary b. is it having an impact or limited and temporary? >> the latter brenda, yes. look, it's the less, less temporary and less limited, i think the closer you were to the northeast. so, people obviously
Search Results 0 to 3 of about 4 (some duplicates have been removed)